When you're flipping through an origami book, you'll often see instructions that specify you make a valley fold or a mountain fold during a particular step.
Valley folds get their name because they seem to sink back into the paper like a valley. Mountain folds get their name because they appear to raise up from the paper like a mountain.
A valley fold is made by folding the bottom edge of the paper up towards you and then down so it lays over the top of the surface of the paper.
Most people make a mountain fold by turning the paper over, making a valley fold, and then flipping the paper back to its original position. This tends to be easier than trying to fold the paper behind and away from you.
The origami picture frame is a good project to illustrate the difference between valley folds and mountain folds.
To make an origami picture frame: